This podcast episode explores the upcoming election in Mexico and its potential impact on the markets. The focus is on the leading candidate, Claudia Sheinbaum, and the expectations for policy continuity and potential benefits for Mexico's economy and asset classes, particularly in relation to near-shoring and industrial supply chains. However, significant reforms in the fiscal and energy areas, as well as a stronger partnership between the public and private sectors, are necessary to fully take advantage of this setup. The potential for changes to the constitution and larger fiscal deficits are also noted as risks. It is emphasized to stay updated on Mexico's election outcomes.
